This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
1-bedroom, 1-bathroom apartment of 50 m², energy rating D. Located on rua Vitorino Nemésio, 128, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features two balconies, enhancing outdoor living options, and is equipped with electric shutters for optimized light control and privacy.
The valuation. The asking price of €239,000 sits €14,573 (6.1%) above the fair value of €224,427, indicating that the property is overpriced. An investment at this price may not yield the expected return.
Fair value modelled at €169,172 from the area baseline, adjusted for condition and location. Asking €239,000 sits €69,828 (29.2%) above — overpriced versus fair value.
Asking €239,000 versus the rua Vitorino Nemésio, 128 area baseline of €151,700 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Vitorino Nemésio, 128
Area baseline €151,700 + condition +€3,516 + location +€13,956 = modelled fair value of €169,172 (€3,383/m²), a €69,828 (29.2%) gap versus the €239,000 asking price.
Short-term vacation rental The property is overpriced by 6.1%, making it a less appealing option for investors seeking attractive short-term rental returns in Algarve's competitive tourism market. With a gross yield of only 4.4%, the potential for profitability in vacation rentals is limited given the current price point. Long-term rental At a listing price of €239,000, this 1-bed apartment is overpriced compared to its fair value of €224,427, leading to diminished prospects for long-term rental appeal. The 73/100 neighbourhood rating suggests some tenant quality, but the investment may not provide adequate returns for long-term residential leasing. Buy-and-hold This property is overpriced at €239,000 relative to its fair value of €224,427, indicating it may not generate the anticipated appreciation for a buy-and-hold strategy. The underlying economic fundamentals and a reasonable condition score of 80/100 could support long-term growth, yet the current pricing hinders investment viability. Not ideal for student housing Given its significant price above fair value, this property does not align well with the affordability typically sought in the student housing market. Additionally, the neighbourhood's limited accessibility to amenities may further dissuade prospective student renters. Not ideal for luxury market Priced at €239,000, this apartment does not meet the luxury market standards, particularly considering its fair value. With an average score of 73/100 in the neighbourhood, it lacks the exclusivity and appeal characteristic of luxury properties.
Economic Instability Risk The economic stability score of 60/100 indicates potential vulnerabilities in market conditions that could affect return on investment.
